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18 September 2024 | 3 replies
The permitting and law does allow a home owner to do the work, and then inspected (which are more thoroughly done) if they live there themselves for a minimum one year.
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15 September 2024 | 22 replies
Also, when we signed up, the sale agent didn't give us a hard copy of the contract and didn't disclose all the fees that involve with city.In addition, I also found out from my research and from my brother in law, who recently purchase a home, that the hero program is not what it seems.
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18 September 2024 | 7 replies
I would recommend you speak with your tax advisor and set it up correctly from the start, whether an LLC, Trust or something else.Also consider states different laws, maybe find a state with more friendly landlord protections.
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16 September 2024 | 5 replies
You don't know the law, you don't know how to handle difficult tenants, and you aren't local to work on it.This is what Ohio law says: “The tenant shall not unreasonably withhold consent for the landlord to enter into the dwelling unit in order to inspect the premises, make ordinary, necessary, or agreed repairs, decorations, alterations, or improvements, deliver parcels that are too large for the tenant’s mail facilities, supply necessary or agreed services, or exhibit the dwelling unit to prospective or actual purchasers, mortgagees, tenants, workmen, or contractors.”I would give the tenant a short, direct warning that they have 72 hours to coordinate with the vendor and set a schedule for repairs.
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15 September 2024 | 61 replies
So, you don't NEED to provide it (but, check your local laws to be safe)!
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16 September 2024 | 1 reply
In 2024, my neighbor replaced the back part of the side fence (He paid for it 100% and didn't give me proper notice per CA Good Neighbor Law).
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18 September 2024 | 6 replies
However, I had insurance coverage that I was advised was appropriate and I operated by what I understood landlord/tenant law was and used professionals.
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16 September 2024 | 7 replies
Their in-laws just had a house built as well - it was completed back in June.
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20 September 2024 | 36 replies
I really liked what I saw and from some basic research, the housing/tenant laws seem to favor the landlord (unlike NYC).
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20 September 2024 | 24 replies
If you are looking to invest passively I would suggest looking in the southern/middle part of the country where the price points are much more friendly as well as the landlord laws areas like Memphis, Little Rock, DFW, Houston, SAN or Oklahoma.